Bull Scenario

FB triggers Bull to Mark Up into our Bull Targets

FB finds support at our Bear Trigger to Mark Up into our Bull Trigger

Bear Scenario

FB triggers Bear into our Bear Targets

FB finds Resistance at our Bull Trigger and Marks Down into our Bear Targets

Neutral

Price action stays within our Trigger levels (inventory rebalance)

Side Note

Each level has the potential to reverse not all targets may be met.
Facebook (FB)QQQSPDR S&P 500 ETF (SPY) Trend Analysis

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